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2.7 Price elasticity of demand

Unit 2.7 - Price elasticity of demand (PED)This section of the Cambridge IGCSE Economics (0455) syllabus covers the following topics:SectionTopicsGuidance2.7.1Definition of PED-2.7.2Calculation of PEDCalculation of PED using the formula and interpreting the significance of the resultDrawing and interpretation of demand curve diagrams to show different PED

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